Ivanhoe Mines Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	530.12	441.62	40.82	-	-	-
Revenue Growth (YoY)	349.88%	981.91%	-	-	-	-
Cost of Revenue	475.42	424.66	51.56	-	-	-
Gross Profit	54.7	16.96	-10.75	-	-	-
Selling, General & Admin	45.93	36.27	84.5	73.1	52.42	50.44
Exploration Expenses	54.58	47.78	48.15	22.66	33.91	52.17
Other Operating Expenses	-30.62	-180.6	-291.91	-274.83	-247.68	-97.64
Total Operating Expenses	69.89	-96.56	-159.26	-179.07	-161.34	4.97
Operating Income	-15.19	113.52	148.51	179.07	161.34	-4.9
Interest Income	176.43	174.16	241.54	239.56	175.3	102.29
Interest Expense	-39.31	-43.02	-49.14	-31.5	-38.08	-36.54
Other Non-Operating Income (Expense)	12.72	5.46	-161.8	-91.85	22.18	97
Total Non-Operating Income (Expense)	149.83	136.6	30.6	116.22	159.39	162.75
Pretax Income	132.84	250.12	179.12	295.29	320.74	-29.62
Provision for Income Taxes	2.99	22.13	-14.18	-7.66	-113.37	-74.93
Net Income	131.81	261.56	228.14	318.93	410.86	55.24
Minority Interest in Earnings	-28.05	-33.57	-34.84	-15.98	23.24	-9.93
Net Income to Common	131.81	261.56	228.14	318.93	410.86	55.24
Net Income Growth	-68.87%	14.65%	-28.47%	-22.38%	643.75%	-
Shares Outstanding (Basic)	1,389	1,371	1,313	1,221	1,208	1,105
Shares Outstanding (Diluted)	1,394	1,380	1,324	1,221	1,245	1,105
Shares Change (YoY)	3.98%	4.18%	8.50%	-1.95%	12.69%	11.17%
EPS (Basic)	0.09	0.19	0.17	0.26	0.34	0.05
EPS (Diluted)	0.09	0.19	0.17	0.26	0.33	0.05
EPS Growth	-71.88%	11.77%	-34.62%	-21.21%	560.00%	-
Shares Outstanding	1,426	1,425	1,352	1,269	1,217	1,210
Free Cash Flow	-476.33	-469.26	-644.14	-509.47	18.32	-59.13
Free Cash Flow Per Share	-0.34	-0.34	-0.49	-0.42	0.01	-0.05
Gross Margin	10.32%	3.84%	-26.32%	-	-	-
Operating Margin	-2.87%	25.71%	363.84%	-	-	-
Profit Margin	19.57%	51.63%	473.55%	-	-	-
FCF Margin	-89.85%	-106.26%	-1578.09%	-	-	-
EBITDA	53.35	189.23	168.18	181.36	167.21	4.69
EBITDA Margin	10.06%	42.85%	412.03%	-	-	-
EBIT	-15.19	113.52	148.51	179.07	161.34	-4.9
EBIT Margin	-2.87%	25.71%	363.84%	-	-	-
Effective Tax Rate	2.25%	8.85%	-7.91%	-2.59%	-35.35%	252.97%

Updated May 6, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.